Twin Cities Steppers Association

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Kevin Johnson

Phone

6127029017

Tax Period

2024-01-01 to 2024-12-31

Twin Cities Steppers Association, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $178K in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 58% operating margin.

Mission

Twin Cities Steppers Association mission is to create a social network for adults of all backgrounds to have a mature entertainment with enjoyment and healthy living.

Program Service Accomplishments

Program 1

Expenses: $47,256

Music & Movement festival is a day unity and community. This annual festival bring like minded individuals and create unforgettable memories thru the arts, music and local vendors for a extraordinary...

Program 2

Expenses: $11,201

Twin Cities Steppers Association is celebrating the beauty of the Twin Cities. From Celebrating the Sistas, Sala Explosion and stepping workshops nationwide. Twin Cities Stepper Association is...

Twin Cities Steppers Association is celebrating the beauty of the Twin Cities. From Celebrating the Sistas, Sala Explosion and stepping workshops nationwide. Twin Cities Stepper Association is dedicated in keeping the arts alive thru dance, music and community awareness.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,839

Program Service Revenue $150,426

Investment Income $0

Other Revenue $0

TOTAL REVENUE $178,265

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,386

Fundraising Expenses $0

Program Expenses $58,457

Other Expenses $67,266

TOTAL EXPENSES $75,652

Year-over-Year Comparison

	2024	2023	Change
Revenue	$178,265	$104,749	+0.7%
Expenses	$75,652	$98,782	-0.2%
Net Income	$102,613	$5,967	+16.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN JOHNSON	President	0.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$178,265	$75,652	$182,551	$102,613